How to generate a sustainable “rainy day fund”.

by Garrett Mickley | Last Updated: 2017-12-01

A couple years ago I had a cool job working for a small marketing firm. I was up at the top; just one position below the CEO. I was in charge of all marketing projects: both ours and our clients.

Unfortunately, that company didn’t work out. That’s another story for another time.

I was making good money and I was stupid with most of it, so I didn’t have a lot saved up. Not to mention, the CEO owed me $2000 that I never ended up seeing.

I was terrified and started taking on any project I could get my hands on. I was barely scraping by.

Luckily, I had a rainy day fund.

A year prior I had heard about this easy investing app called Acorns. I set it up to automatically deposit money into the account every month.

From there it just grew and grew.

Then, when I needed it, I was able to withdrawal with no penalties. I had even profited a little over $100, which was about 10% growth. Not bad.

Get started with $5 for free

If you sign up through my referral link (below), Acorns will give us each $5. That’s $5 for you to get started, plus $5 for me, to keep sending you content like this.

Then, if you set up an account and refer someone, you get $5 for every referral you make, plus they will get $5 to get started.

Here’s how to get your free money:

Step 1: Get an Acorns Account

If you already have one, skip this step.

Click here to sign up for an account through my referral link.

Step 2: Find your referral link

Once you’re logged in, there’s a link in the left side navigation. Click that and it will take you to a page with your referral link.

Step 3: Share the referral link

Here’s how I do it:

  1. Text message everyone you know who might be interested and just ask if they’re interested. Don’t send the link yet. Just say something like “Hey, we’ve discussed getting started in investing before but we didn’t know how to do it. If I found a way to easily get started investing, would you be interested?” When they say yes, send them back something like “This app does all the heavy lifting for us, and it only costs $1 per month. Plus they’ll give us each $5 for free if you sign up through my link: [your referral link]”. If they say no, just thank them for their time and don’t bring it up again.
  2. Repeat this process on Facebook.
  3. Repeat this process on Twitter.
  4. If you have a mailing list, send out an email like this one to your subscribers.
  5. Repeat this process anywhere else you can think of where you interact with people regularly.

It’s not a multi-level marketing scheme. It’s just a referral bonus. Plus, it’s money going into your investment account. Watch it grow.

And let’s not forget the real reason we’re here: to grow our revenue. Don’t forget to check out Acorns’ other features such as auto-round up and recurring investments. Set your investment on autopilot.

What is Acorns?

Acorns is a “micro-investing” app that basically sets up an investment portfolio for you on auto-pilot. You can set it up to start growing your wealth and never touch it again until you’re ready to withdrawal (which you can do at any time). Every dollar you invest is automatically diversified across 7,000 stocks and bonds to help improve your return while reducing risk.

It only costs $1/month until you have over $5000, then it’s just 0.25% per year. At that point, it’s so far less than what you’re making in interest you won’t even notice it.

I invested a lot into this a couple years ago and when I needed it, I was able to withdrawal and use the money immediately. Now, I’m back in a position that I’m investing again.

Things to keep in mind about investing:

Click here to sign up for an account through my referral link.

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